Not only is Fitch saying there will be an increase in single family housing starts, but they are predicting a double digit increase. That means there is real strength in the housing market. Builders only build homes when they can make money on them, which also suggests that the prices of homes (taken as an …
If you read our blog, you are not surprised that the prices of homes in the United States have been going up steadily. IF ON THE OTHER HAND… You are a person who follows the Case-Shiller Index, this is as big a shock as seeing a unicorn. You are probably saying to yourself, ‘This can’t …
If you have never heard of the term ‘shadow inventory’, it basically means that there are homes that are on the market, however, they are not listed for sale. For a more detailed explanation, click here. The number of distressed properties not currently listed for sale on multiple listing services (MLSs) stood at 1.6 million …
